High Point Attendance Off by Half: Report
In most years, this week’s annual fall furniture market would turn the sleepy city of High Point, N.C., into a bustling version of Midtown Manhattan, temporarily doubling the population to 200,000.
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Furniture
BrandSource Members Speak Out on Furniture Price Hikes
BrandSource members and the group’s home furnishings merchant appear prominently in a new article about the impact of price hikes on furniture dealers.
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Ashley Women Honored for Manufacturing Excellence
Two women from Ashley Furniture Industries were honored last month by The Manufacturing Institute (MI) for excellence in their career paths and leadership.
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Furniture Dealers Brace for Price Hikes: Report
It’s the law of supply and demand: Housebound consumers are demanding new home furnishings that are in short supply, and prices are going up accordingly.
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Convention 2020: Retailing Furniture in the Age of a Pandemic
There are many words that can be used to describe life in 2020. All of them are accurate and none of them portray the reality of what life is like. Especially true for business owners and retailers, 2020 will likely go down in the books as “&%$S#!”
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Tempur Sealy to Open 30th North American Factory
Tempur Sealy International plans to open a new production facility on the West Coast in the first quarter of 2021.
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Mattress Sales Bounce Amid the Pandemic
Replacement sales of home goods have soared during the health crisis, as consumers spend more time at home and imperfections in their appliances and home furnishings become more apparent.
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Small Businesses Could Be Facing COVID Crisis Crossroads
As Congress still wrangles over the next stimulus package and COVID flares up in new parts of the country, economists, executives and independent owners are expressing their concern for the well-being of small businesses.
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Serta’s Sales Chief Details Ongoing Production Delays
In an open letter to retailers this month, Serta Simmons’s Chief Sales Officer Derek Miller said the company is committed to absorbing cost increases caused by the global pandemic.
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Serta Holds the Line on Price Increases
Despite what it describes as extreme and costly disruptions to the bedding industry’s supply chain as a result of the COVID-19 crisis, Serta Simmons said it would absorb the higher costs it has incurred rather than pass them along to retailers.
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Chain Stores, States Set Mask-Wearing Mandates
The U.S. moved closer to a national mask mandate this week as some of the country’s largest retailers including Walmart, Best Buy, Target, Kroger, Kohl’s, CVS and Walgreens joined three more states — Alabama, Colorado and Montana — in making face coverings a must indoors.
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National Chains Seek State-Enforced Facemask Mandate for Stores
A trade group representing the nation’s largest retailers has asked the governors of all 50 states to make the wearing of facemasks mandatory within stores and to take responsibility for enforcement.
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Summer Sales Heating Up for Outdoor Furniture
With millions of American putting summer travel on hold amid ongoing health concerns, staycations are assuming a new luster for consumers and retailers alike.
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Bedding Biz Bounces Back for Tempur Sealy … and Industry
Tempur Sealy International (TSI) has revised its second-quarter outlook skyward, as solid sales in May and early June offset a challenging April.
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Furniture, Appliance and CE Retail Rebounded in May: Feds
Retail revenue returned with a vengeance last month, as cooped-up consumers around the country began revisiting newly reopened stores, stimulus checks in hand.
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Consumer Confidence Steadies as U.S. Economy Reopens
Consumer confidence, as measured by The Conference Board’s monthly Consumer Confidence Index, stabilized in May following a sharp decline in April.
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Retailers Support Pandemic Insurance Proposal
The world’s largest retail trade association has thrown its support behind national legislation that would help businesses obtain insurance coverage for pandemics.
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Retail Import Constraints Starting to Ease: NRF
The impact of the global pandemic at major U.S. retail container ports appears to be easing slightly, which is welcome news for inventory-challenged merchants.
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Retail Group: Economic Outlook Still Anyone’s Guess
While the reopening of businesses that were sidelined by the pandemic is an important step forward, it’s still too early to tell how quickly or smoothly the nation’s economy will bounce back from retail and other shutdowns.
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Serta Simmons Bedding Bows Out of Las Vegas Market
Serta Simmons Bedding (SSB), the nation’s largest mattress manufacturer, will sit out the summer and winter home furnishings Markets in Las Vegas.
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